Ledger. Australian venture funding, tracked

Company

SE Net

Coverage

Stories naming SE Net. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Seed

Beaten Zone Venture Partners Backs Seitec in turning a passive, all-weather sensing modality into a new class of defence capability – detecting the threats conventional sensors cannot and reshaping the military and security landscape.

Beaten Zone Venture Partners announces Fund 1 joined Activate Capital and UNSW in a seed round for Seitec, a Canberra defence startup whose seismic sensors find unexploded ordnance and hidden drones.

Also Dealroom·Business News Australia·Defence Connect·Startup Daily

Seed $3m+

Beaten Zone Venture Partners Backs Zendir in AU$3M+ Seed Round to Advance Space-Cyber Defence Capabilities

BZV's post announcing it co-led Zendir's oversubscribed seed round with Investible, joined by Galileo Ventures, TEN13, Jelix Ventures and Innovation Bay, to fund overseas growth of the spacecraft digital-twin platform.

Exit / M&A

Beaten Zone Venture Capital Fund 1 Achieves Unconditional ESVCLP Registration

Steve Baxter's Brisbane defence-tech fund announces it now holds unconditional early-stage venture capital registration, giving investors tax breaks; it has put A$4.45m into four companies so far.

News

Beaten Zone fund wins approval, targets AUD $451m defence tech

Beaten Zone's defence-tech fund has won full ESVCLP status, unlocking tax breaks for its backers; the Brisbane vehicle has backed four companies with $4.45m and screens a deep pipeline of defence deals.

Fund close $10m+

Beaten Zone Venture Partners Announces First Capital Call Following Successful Fund Close

Brisbane defence-tech fund manager BZV says Fund I has drawn over A$10 million in commitments, meeting its ESVCLP condition, with A$60 million targeted and a final close expected inside 18 months.

Also Startup Daily

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